The Role of Buy-Sell Agreements in Preventing Ownership Disputes
The Role of Buy-Sell Agreements in Preventing Ownership Disputes By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Introduction: In the high-pressure world of restaurant ownership, partnerships can be as delicate as they are rewarding. When business owners don’t plan for the unexpected—whether that’s a partner’s departure, illness, or disagreement—disputes can arise that jeopardize the […]
Resolving Deadlocks: What Happens When Restaurant Owners Disagree?
Resolving Deadlocks: What Happens When Restaurant Owners Disagree? By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Introduction: Running a restaurant with business partners can be rewarding, but even the strongest partnerships face moments of disagreement. When those disagreements escalate into a deadlock—where neither party can move forward—it can jeopardize not only the partnership but […]
Comprehensive Asset Protection Strategies for New York Restaurant Owners: Shielding Against Wage and Hour Liability and Beyond
Comprehensive Asset Protection Strategies for New York Restaurant Owners: Shielding Against Wage and Hour Liability and Beyond By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Introduction: As a restaurant owner in New York, you face complex financial and legal challenges that go beyond typical business risks. Along with operational responsibilities, you are personally exposed […]
Resolving Partnership Disputes in Restaurants: Key Legal Considerations
Resolving Partnership Disputes in Restaurants: Key Legal Considerations By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Partnership disputes are common in the restaurant industry, where high-stress environments, financial pressures, and differing business visions can create tension between partners. If not handled properly, these disputes can disrupt operations, damage the restaurant’s reputation, and even lead […]
Restrictive Covenants in Restaurant Ownership Agreements: Enforceability in New York
Restrictive Covenants in Restaurant Ownership Agreements: Enforceability in New York By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Restrictive covenants are critical in restaurant ownership agreements to protect business interests, prevent unfair competition, and safeguard proprietary information. However, in New York, courts scrutinize these clauses to ensure they are reasonable and enforceable. Restaurant owners […]
Key Updates for Cannabis Licensees, Investors, and Entrepreneurs
Recent Local, State, and Federal Updates to Cannabis Law and Regulations will have a significant impact on New York State’s Adult-Use Cannabis ecosystem By Nicholas T. Terzulli, Senior Counsel | Cannabis Law Practice Key Updates for Cannabis Licensees, Investors, and Entrepreneurs Town of Riverhead The Town of Riverhead is one of only a handful of […]
When To Seek Judicial Dissolution For Your Restaurant Business
When To Seek Judicial Dissolution For Your Restaurant Business By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Introduction:Running a restaurant with business partners can be a rewarding venture, but partnerships don’t always go as planned. Disagreements, financial troubles, and breaches of fiduciary duty can create conflicts so severe that continuing operations together becomes impossible. […]
Mediation vs. Litigation: Resolving Restaurant Ownership Disputes
Mediation vs. Litigation: Resolving Restaurant Ownership Disputes By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Introduction:In the fast-paced and high-stakes world of restaurant ownership, conflicts among business partners can arise from financial disagreements, operational decisions, or differing visions for the restaurant’s future. When disputes escalate, they can disrupt business operations, damage professional relationships, and […]
How to Structure Real Estate Ownership for Maximum Asset Protection in the Restaurant Industry
How to Structure Real Estate Ownership for Maximum Asset Protection in the Restaurant Industry By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Introduction: For restaurant owners in New York, owning real estate can be a powerful asset—offering stability, long-term equity growth, and operational control. However, real estate ownership also exposes your business and personal […]
Trusts as Asset Protection Tools for Restaurant Owners
Trusts as Asset Protection Tools for Restaurant Owners By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law For restaurant owners, protecting business and personal assets from lawsuits, creditors, and financial risks is essential. One of the most effective legal strategies is using trusts to shield wealth and ensure long-term financial security. Trusts provide a structured […]